Hyderabad witnessed a surge of 5% in land deals from Jan to Sep in India in the year 2024.
Based on the latest report of CBRE South East Asia Pvt Ltd, India saw a YOY increase of 65% in land deals across cities like Mumbai, Bengaluru, Pune, Chennai, Delhi NCR and Hyderabad.
Around 100 land deals were made nationwide with 1700 acres of land transactions. 60 land deals were acquired in the same time last year which increased to 100 deals in the same time frame this year.
Gurgaon contributed 65% of land sales while Bengaluru stood at 22%, Mumbai at 12% and Chennai at 10%.
Hyderabad performed exceptionally well with 5% of the total number of land transactions.
The land deals of Hyderabad predominantly includes residential sector. This city is included in the top ten cities of India due to its evolving role in the real estate market. It continues to interest international and domestic investors.
The Industrial & Logistics sector marked 13% of the overall land deals. In addition, data centers accounted for 6% of land transactions.
As per the CBRE India’s Chairman and CEO, the increase in land deals in upcoming sectors like data centres indicates the diversity and strength of the Indian Real Estate Market.
With Hyderabad’s leading urban development plans and strategic investments, the city will foresee continued growth. This will make this place as a major destination for India’s real estate investments.
